@sandytoesincml @DarrigoMelanie Sounds like that's the real problem, if successful companies don't pay tax.

@csuwildcat @DarrigoMelanie So according to your table there the loss from 2016 to 2019 was more than cancelled by profits in 2020- 2021. So 2021 and 2022 were net profitable by some $15bn - what have I missed?

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@ValeriaLovene @dr_andrealove The only difference is that oil derived synthetic chemicals have less radioactive carbon C14 in them than their natural counterparts. (See carbon dating). About 1 in every trillion carbon atoms is C14 in recently grown crops. There is no pharmo- dynamic or kinetic difference.

@Krac3rjac @ScottFalk23527 @RBReich Yeh I am. Really don't get the points you're trying to make, every example seems to contradict your stance. Good night

@ryankatzrosene @larkam51 Don't be rude he'll get the hump.

@Krac3rjac @ScottFalk23527 @RBReich The top 3 constitute nearly 70% of the total deficit. And Canada for example supplies energy and lumber. You can't relocate that to the US by cutting tax rates.

@Krac3rjac @ScottFalk23527 @RBReich China's a tax haven is it? Or Vietnam or Mexico? More like, they have a low cost work force.

@Krac3rjac @ScottFalk23527 @RBReich Thanks for the discussion. It's been interesting.

@Krac3rjac @ScottFalk23527 @RBReich Corporate tax rate now is 21% and you're trying to apply something JFK said when it was 58% and highest rate of income tax 91%? 🤣🤣 Hey why not cut it all the way to 0% then the government would take in huge amounts of revenue right?

@Krac3rjac @ScottFalk23527 @RBReich So the US budget is 38% bigger than it's tax income. Half of that deficit is interest. Wouldn't be an issue if the us taxed like Germany would it?

@Krac3rjac @ScottFalk23527 @RBReich Its either a spending problem or a taxing problem that's just a matter of opinion. Comparing with Germany it would seem to be a taxing problem. As they tax more and don't have as large debt. Sweden tax even more and have even less debt.

@Krac3rjac @ScottFalk23527 @RBReich Yes. And for every 1% of GDP that Americans pay in tax, Germans pay 1.32% or an increase of 32% in the amount of tax paid. That's why the US has higher debt.

@Krac3rjac @ScottFalk23527 @RBReich It's only a big spending problem if you're not collecting enough tax.

@Krac3rjac @ScottFalk23527 @RBReich Yes. Which means Germans pay 32% more tax than Americans pay. 22.3% is 1.32 x 16.8% (5.45% more of gdp)

@crspam11 @ScottFalk23527 @RBReich I meant 'one' not you personally. No you didn't complain but the whole thread is a lament about the "high" US tax take (which it isn't) and the huge debt. You seem very reasonable....

@Krac3rjac @ScottFalk23527 @RBReich If a German pays $22.3 tax and an American $16.85 then the German pays an extra $5.45 which is an increase of 32.3% over the American. It's just the way math works.